Accountancy, asked by rohitkumarnwd52, 11 hours ago

16. Change in the price of one commodity
affects the demand of the other, is known
as:
(A)
Complementary demand
(B)
Substitute demand
(C)
Income demand

(D)
Cross demand​

Answers

Answered by quickminer53
0

Answer:

B is the correct answer

Explanation:

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Answered by keshavkumarjha876
0

Answer:

C). Income demand

Explanation:

Let us now study income demand which indicates the relationship between income and the quantity of commodity demanded. It relates to the various quantities of a commodity or service that will be bought by the consumer at various levels of income in a given period of time, other things being equal.

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